Cost Accounting (15th Edition)
Cost Accounting (15th Edition)
15th Edition
ISBN: 9780133428704
Author: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
Publisher: PEARSON
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Chapter 11, Problem 11.3Q

“All future costs are relevant.” Do you agree? Why?

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All future costs are relevant in decision making.” Do you agree? Explain.
Besides the dollar cost, what other costs should you consider when comparingalternative solutions to a problem or goal?
Will the payback period, NPV, and IRR always lead to the same decision? Why or why not? If not, which one should be used?
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Relevant Costing Explained; Author: Kaplan UK;https://www.youtube.com/watch?v=hnsh3hlJAkI;License: Standard Youtube License